Indian urban development

  • World Bank to Release Second USD 200 Million Tranche for Amaravati Capital Development by December

    World Bank to Release Second USD 200 Million Tranche for Amaravati Capital Development by December

    Oct 23, 2025 02:29 pm CST

    The World Bank is set to disburse a second tranche of USD 200 million by December for the Amaravati Capital Development Project in Andhra Pradesh, having already released USD 207 million with 50% utilization. The project receives total funding of USD 1600 million from World Bank and Asian Development Bank, with regular monitoring showing satisfactory implementation progress according to senior officials.